Reserve capital
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
09 August 2014
what is a meaning of reserve capital
please give some example
give raply in harshpatel10193@gmail.com
please give some example
give raply in harshpatel10193@gmail.com
15 August 2014
A type of account on a municipality's or company's balance sheet that is reserved for long-term capital investment projects or any other large and anticipated expense(s) that will be incurred in the future. This type of reserve fund is set aside to ensure that the company or municipality has adequate funding to at least partially finance the project.
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